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Financial Assistance

NYU recognizes that the costs for starting a family, caring for and educating children, and supporting and caring for an elderly parent or dependent partner can put a strain on your budget. Below is a listing of financial assistance programs designed to help you.

Please note: This listing provides policy highlights and links only. Other rules may apply. For a complete description of the benefits, please consult the office or website identified.

Adoption Assistance Program

Provides reimbursement of up to $5000 ($6000 for children with special needs) for specified adoption related expenses. Employee must seek reimbursement within six (6) months of the child's placement. For an application and more details about the Adoption Assistance Program, including a statement of "qualified adoption expenses," see the Adoption Assistance program brochure. Adoptin families will also want to familiarize yourself with two federal Internal Revenue Service's programs: Adoption Credit and Adoption Assistance Program

Child Care Subsidy

Established by the Collective Bargaining Agreement, the Child Care Subsidy provides for a "child care grant" for child care services for eligible employees with children aged newborn through age 12 years. Funds are allocated each calendar year and grant amounts are based upon the total fund dollars and the number of applications received.

Employees are eligible upon hire. Applications are accepted and considered from employees who are pregnant and will secure and purchase child care services no later than June of the fund year.

Subsidy awards will be distributed through an NYU Dependent Care Flexible Spending Account (FSA) and therefore not included in a grantee's taxable income. Individuals who receive a subsidy award, may also elect to make additional contributions to the Dependent Care FSA from their wages on a pre-tax basis.

Child Care Scholarship Program

Available for child care services for full-time eligible employees with children under the age of 5 years. Scholarships are allocated each calendar year and grant amounts are based upon the total fund dollars and the number of applications received.

Employees are eligible are upon hire. Applications are accepted and considered from employees who are pregnant and will secure and purchase child care services no later than June of the fund year.

Scholarship grants will be distributed through an NYU Dependent Care Flexible Spending Account (FSA) and therefore not included in a grantee's taxable income. Individuals who receive a scholarship, may also elect to make additional contributions to the Dependent Care FSA from their wages on a pre-tax basis.

Back-up Child and Adult Care

Available to Faculty, Administrators, and Professional Research StaffCaregivers On Call
Phone: 888-899-2462

Subsidized in-home backup care for children ages 6 months through 12 years and adult dependents (spouse, registered domestic partner, parent, parent-in-law, or grandparent). Up to 50 hours per calendar year is subsidized by the University at a rate of 75% of the per hour cost of care. Care is available nationwide and can be utilized for conference attendance.

Portable Tuition Remission

Assists full-time, regular faculty, administrative & professional staff, and professional research staff at Washington square in meeting the cost of college tuition for their dependent children who matriculate for undergraduate degrees at accredited colleges or universities other than NYU.

Other Resources

School-based Financial Assistance

The majority of private schools offer needs-based financial aid to current students and student applicants. Financial aid can also take the form of a sibling discount. As you consider schools for your child, and when cost is a concern to you, always ask about the schooll's financial aid program. Although a financial aid application my seem onerous, take the time to complete it and let the school decide if you are eligible.

Tuition Benefit at Two Neighborhood Schools

Little Red Elizabeth Irwin and Friends Seminary, two schools with long-term relationships with NYU, offer a modest tuition reduction to the children of NYU faculty, administrators, and staff who are in enrolled in their upper schools.&nbsp; If you are applying to either or both of these schools be sure to ask about this benefit.